#204 IESE MBA Program & Admissions Interview with Paula Amorim

[quote style=”5″]“We want our students to grow their self-awareness so they can know their strengths, know their weaknesses and know where they can improve… and transform and become better people by the end of the program. I think that by being a better person, by consequence, you’ll become a better professional. At IESE, we want people to become the best version of themselves… so they can go back to the real-world and drive the most impact that they can.[/quote]

Paula Amorim, MBA Admissions Director at IESE Business School, discusses what makes the IESE MBA unique, the school’s admissions process, career opportunities and more.

Topics

  • Introduction (0:00)
  • Program Highlights – What Makes the IESE MBA Unique? (5:10)
  • IESE MBA Admissions & Scholarships – How to Improve Your Chances? (33:50)
  • Career Opportunities at IESE – What to Know & How to Prepare (59:55)

IESE Full-Time MBA Highlights (last updated March 2023)

  • Length, Intake, Size: 15 or 19-months, September intake, 350 students/year
  • Typical Class: 5.4 years average work experience / 85% international with 50 nationalities / GMAT: average 680 (580-750); GRE Verbal average 156 (143-170) and GRE Quantitative average 161 (143-170)
  • Curriculum:
    • 70 Full-time professors from 30 countries with 100% open door policy
    • Year 1
      • 24 core courses with professors, case-study method used 80% of the time
    • Summer: corporate internship, summer entrepreneurship experience, or social internship
    • Year 2
      • Global exchange programs for one trimester (around 90 students go each year)
      • International 1-2 week modules in New York, Brazil, Shanghai, Nairobi, Dubai, Mexico
      • Choose from 130 electives
      • Capstone project where students solve real world problems
    • Concentrations: International Business, Finance, Innovation & Entrepreneurship, Tech, Data Analytics & Digital Business, and Sustainability & Responsible Business
    • Optional: students opting for 15-month length complete elective courses during summer term
  • Admissions: IESE is looking for academic ability, personal drive, confidence, leadership, work experience, international outlook, good communication skills, team player mentality and strong values
    • 3-10 years of professional experienced recommended
    • 5 application rounds between September and May
  • Careers:
    • Visas: MBA graduates can apply for a one-year residence permit to search for a job in Spain; this job search visa expires when they get a work permit
    • Placement, Class of 2021: 94% received offers w/in 3 months, €87,613 avg starting salary (€50,480 avg starting bonus), graduates experienced 144% increase in salary after 3 years
    • Top Destinations, Class of 2021: 20% Spain, 26% Rest of Europe (not Spain) / 22% Latin America / 20% Asia Pacific / 5% North America
    • Top Industries, Class of 2021: 34% consulting / 25% finance / 24% industry / 17% technology
    • Top Functions, Class of 2021: 38% consulting / 16% finance / 15% corporate & management / 13% marketing & sales / 8% information technology
    • 400+ recruiting companies
  • Scholarships: 15 types of scholarships available. About 40% of participants are awarded scholarships, generally ranging from 5-50% of tuition fee. €2 million in financial aid and scholarships are awarded each year with the average scholarship amount €23,000.
  • Rankings: Ranked #3 business school worldwide by Financial Times in 2023
  • Alumni: 55,000+ IESE alumni from 150+ countries with 40+ global chapters; over 230 continuous learning sessions annually
  • Tuition: €99,500; Estimated living costs €1,660-2,590/month
  • Accreditations: AACSB, EQUIS, ANECA

About Our Guest

Paula Amorim is the MBA Admissions Director at IESE Business School. Before joining IESE, Paula worked as a Project Manager for Grupo Marista, a non-profit in Brazil. Paula got her Bachelors in Industrial Engineering from Universidade Federal de Minas Gerais and MBA from IESE in 2016.

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